201 1St StAlabaster, AL 35007

This exceptional 5,780-square-foot creative office building, located at 201 1st Street North in Alabaster, Alabama, presents a unique investment opportunity. Formerly the Alabaster City Hall, this two-story building boasts a prominent corner location with easy access and a traffic signal, offering excellent visibility. Situated on a 0.25-acre lot, the property features quality brick and block construction, built in 1960 and renovated over the years. The building is currently vacant and offers ample parking with 18 spaces available, including both streetside and rear parking. Its versatile zoning (B-3 and I-1) within Alabaster's Medical Mile Overlay District makes it ideal for a variety of uses, including office space, service businesses, or conversion to other suitable purposes. The property's convenient location is less than one mile from I-65 Exit 238, providing easy access to major transportation routes. Its proximity to Shelby Baptist Medical Center and an abundance of nearby shopping and restaurants further enhances its appeal. The low annual property taxes of $5,176 make this a financially attractive proposition. This property is an excellent choice for owner-users seeking a well-located, adaptable space in a thriving community. Alabaster was named one of Money Magazine's Top 50 Cities to Live in America in 2020.